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. >> look, if we had clinton in president, if we had erskine bowls, or president of the united states, i think we would have fixed this fiscal mess by now. that's not the kind of press si we're dealing with right now. >> the first question -- the first question there is which clinton governor? which clinton is he talking about? hillary or bill? >> chelsea. >> and is that an ironic statement gin as i don't know jonathan alter pointed out, this is a dude that basically nails the nails in the coffin on erskine bowles. >> hypocrisy reigns. this is true. he is talking about bill clinton, and is he talking about erskine bowles as chief of staff to bill clinton. you are absolutely right. paul ryan could have delivered erskine bowles and could have made it difficult for the president to walk away, but he gave the president -- >> this is a weird obsession with trying to, like, play the clintons off of the obamas, and republicans love doing this. the idea that they would have been, you know, kind to bill clinton or hillary clinton had they been president is laughable. >> all the guys saying thi
. >> look, if we had clinton in president, if we had erskine bowls, or president of the united states, i think we would have fixed this fiscal mess by now. that's not the kind of press si we're dealing with right now. >> the first question -- the first question there is which clinton governor? which clinton is he talking about? hillary or bill? >> chelsea. >> and is that an ironic statement gin as i don't know jonathan alter pointed out, this is a dude that basically...
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Jan 28, 2013
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. >>> look, if we had a clinton presidency, if we had erskine bowles, chief staff of the white house, or president of the united states, i think we would have fixed this fiscal mess by now. that's not the presidency we're dealing with right now. i decided not to comment between the election and the inauguration because i wanted to see what kind of presidents we were looking at here. what kind of path and trajectory he was putting his administration on. and all of the statements and all of the comments lead me to believe that he's thinking more of a political conquest than political compromise. and that's my concern. >> interesting. welcome back to "morning joe." a live look at the white house as the sun has yet to come up over washington. time to wake up, everyone. with us still, former governor ed rendell and richard haass. and joining the set, columnist for "the new york times" and nobel prize-winning economist, paul krugman. paul's book, "end this depression now!" is now out in paperback. it did well here, apparently. >> you no he what they say about the nobel prize winner? >> what
. >>> look, if we had a clinton presidency, if we had erskine bowles, chief staff of the white house, or president of the united states, i think we would have fixed this fiscal mess by now. that's not the presidency we're dealing with right now. i decided not to comment between the election and the inauguration because i wanted to see what kind of presidents we were looking at here. what kind of path and trajectory he was putting his administration on. and all of the statements and all...
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Jan 29, 2013
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recently in ain' in an intervier chief of staff erskine bowles rightfully criticized the administration and the congress for not striking a significant budget deal and called it the most -- that failure the most disappointing thing in my life. he went on to say, "ther "they'e bouncing from one crisis to noamplet it's nuts. we have an enormous fiscal problem in it country. we've got to put our big boy and big girl pants on and go to worth the problems are real. the solutions painful, and there's no easy way out." finally, said, "we've got to do stuff that's real. i me, there is he no sense in, you know, just working at the edges. if we don't slow the rate of growth in health care programs," bowles said, "it's going to iept the entire budget and virtually bankrupt the country. the warning signs and the calls for action are coming from all sectors." from the business sector, garry loveman said the following, "keeping the u.s. economy from careening over the fiscal cliff was a first step but our elected leaders must not stop there. although economic recovery has been stalled, reshoed expans
recently in ain' in an intervier chief of staff erskine bowles rightfully criticized the administration and the congress for not striking a significant budget deal and called it the most -- that failure the most disappointing thing in my life. he went on to say, "ther "they'e bouncing from one crisis to noamplet it's nuts. we have an enormous fiscal problem in it country. we've got to put our big boy and big girl pants on and go to worth the problems are real. the solutions painful,...
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Jan 28, 2013
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look, if we had a clinton presidency, if we had erskine bowles, i think we would have fixed this fiscal mess by now. that's not the kind of presidency we're dealing with right now. >> and you don't blame conservatives, particularly in the house, for thwarting that effort? >> both parties -- forget about just the recent past. both parties got us in the mess we are in, this fiscal crisis. republicans and democrats. and it will take both parties to solve this problem. that's the kind of leadership we need today. >> how do you think about 2016 and a presidential run? >> i don't. >> you're not thinking about it now? >> i think it's just premature. i've got an important job to do. i represent wisconsin. i'm chairman of the budget committee at the time we have a fiscal crisis. i think i can do my job by focusing on that right now rather than focusing on distant things. >> but you'll take a serious look at it? >> i'll decide later about that. right now i'm focused on this. >> chairman, thank you very much as always. appreciate it. >> thank you. >>> coming up here, what did we learn from preside
look, if we had a clinton presidency, if we had erskine bowles, i think we would have fixed this fiscal mess by now. that's not the kind of presidency we're dealing with right now. >> and you don't blame conservatives, particularly in the house, for thwarting that effort? >> both parties -- forget about just the recent past. both parties got us in the mess we are in, this fiscal crisis. republicans and democrats. and it will take both parties to solve this problem. that's the kind...
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Jan 30, 2013
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but as erskine bowles says and simpson says as well, you bring up an absolutely fantastic point. right now a big chunk of our budget is going to servicing the debt. and that's happening when we have historically low interest rates. if interest rates go back to what they've been on average, let's say they go back to 5%, 6%, 7% -- >> it's very different. >> you know, we'll be facing an economic apocalypse. we'll be talking about at least $1 trillion in additional debt for servicing the national debt right now. we're paying a lot on the debt right now when we have historically low interest rates. and this whole idea that we don't plan ahead, that we just hope everything turns out all right, you've got to take the rose-colored glasses off there. it's just not going to work that way, mika. we have to hope for the best. we have to prepare for the worst in the long run. and right now the numbers are looking pretty bad in the long run. >> christie hefner, can you stick around for a block or two? >> i'd be happy to. >>> just ahead, al gore and bill gates. keep it here on "morning joe." [
but as erskine bowles says and simpson says as well, you bring up an absolutely fantastic point. right now a big chunk of our budget is going to servicing the debt. and that's happening when we have historically low interest rates. if interest rates go back to what they've been on average, let's say they go back to 5%, 6%, 7% -- >> it's very different. >> you know, we'll be facing an economic apocalypse. we'll be talking about at least $1 trillion in additional debt for servicing...
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unless erskine bowles and simpson and everybody else, katty kay, is misleading us, they're on a wild ride, we're facing a crisis of great proportions when it comes to entitlement spending. i wonder if we end up where great britain is now where we're left with little choice but to make huge cuts at the very ends of the day instead of planning ahead. we have a little bit of space. >> paul krugman said, we have a little bit of breathing room than european countries. that runs out at some point. >> you do have more space and the interest rates are lower and the american public aren't feeling the pain of your debt than under george bush senior when interest rates were higher and markets can look at politicians and say we don't believe you have the capacity to deal with a long term problem. they can turn on america in a dime and send interest rates up and we would be talking about the deficit a lot faster. the route great britain has taken is tricky looking at a triple dip recession because of austerity programs and haven't actually brought down the debt as much as a forecast. i agree with
unless erskine bowles and simpson and everybody else, katty kay, is misleading us, they're on a wild ride, we're facing a crisis of great proportions when it comes to entitlement spending. i wonder if we end up where great britain is now where we're left with little choice but to make huge cuts at the very ends of the day instead of planning ahead. we have a little bit of space. >> paul krugman said, we have a little bit of breathing room than european countries. that runs out at some...
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. >> he has a point about erskine bowles rirk bowles, right? >> looks like he is going or hillary clinton for presidency. i don't know if he's running. in the clinton presidency of the 1990s that actually shut down the government, so those tea party republicans in this congress who talk about fiscal cliffs and showdowns and shutdowns, they're getting their instructions from a playbook that houses created in the clinton presidency in the 1990s. so i don't think paul ryan has a heck of a lot of credibility when he talks about a clinton presidency being easy to work with considering that his forebearers tried to shut down the government in a clinton presidency in the 1990 sglz president clinton did come up with a way to, you know, to solve the welfare problem in this country and many republicans say the democratic congress today doesn't have any ideas about how to bring poverty levels down in the united states or how to bring long-term unemployment down, either. in fact, they say you guys aren't even paying attention to that anymore. >> well, obvi
. >> he has a point about erskine bowles rirk bowles, right? >> looks like he is going or hillary clinton for presidency. i don't know if he's running. in the clinton presidency of the 1990s that actually shut down the government, so those tea party republicans in this congress who talk about fiscal cliffs and showdowns and shutdowns, they're getting their instructions from a playbook that houses created in the clinton presidency in the 1990s. so i don't think paul ryan has a heck...
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Jan 30, 2013
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erskine bowles, the chairman of the bowles-simpson commission, said it was the most predictable crisis in american history. we're in a position to do something about this. and we should. but that's only one part of the problem. it's the biggest part of the problem, but it's only one part of it. we need to shine a light into every corner of the budget, especially the dark corners that often evade real scrutiny. programs that don't work should be scrapped, and when considering those that do, we still need to ask the question can it be done better, faster, more efficiently? and we need to root out waste which will serve as the first real test of democrats' seriousness in this debate. i mean, why is the federal government funding chinese studies on pig manure? why? and research into the smoking habits of jordannian college -- jordanian college students and reality tv shows in india, or -- india. are our friends on the other side prepared to cut this kind of waste, because if they are not, if they demand a one-for-hundred ratio between tax increases and pig manure cuts, then there is really
erskine bowles, the chairman of the bowles-simpson commission, said it was the most predictable crisis in american history. we're in a position to do something about this. and we should. but that's only one part of the problem. it's the biggest part of the problem, but it's only one part of it. we need to shine a light into every corner of the budget, especially the dark corners that often evade real scrutiny. programs that don't work should be scrapped, and when considering those that do, we...
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host: erskine bowles was interviewed in "forbes." guest: no. at the moment we have almost 4 million people who have been out of work for almost a year. we have a depressed economy. the most important thing is to get this economy moving. host: is there a difference between a national economy and a business dealing with debt? guest: if you have record low havewing costs -- we slashed investments. we have put pothole repairs on hold. if a family cuts in spending, it may be has the same in come. if we all cut at the same time, our incomes go down. it is the job of the government not to cut spending at a time when the economy is weak. is : paul krugman's book "end this depression now!" here are the numbers to call. we have a question from twitter. guest: yeah. a recession is when you are going down. a depression is when you're down. we were still in the depths of the great depression. still very high unemployment. the normal aspirin you take fright headache -- you do need other policies. we're suffering from depression economics. depression is the r
host: erskine bowles was interviewed in "forbes." guest: no. at the moment we have almost 4 million people who have been out of work for almost a year. we have a depressed economy. the most important thing is to get this economy moving. host: is there a difference between a national economy and a business dealing with debt? guest: if you have record low havewing costs -- we slashed investments. we have put pothole repairs on hold. if a family cuts in spending, it may be has the same...
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was erskine bowles, a democrat, and alan simpson, a republican, tom coburn, a republican, dick durbin, democrat, judd gregg, a republican, alice rivlin, alan greenspan, former federal chairman, paul volcker a, a former federal chairman, michael bloomberg, mayor of new york, david walker, former head of the gao, warren buffett -- host: tell us what you are concerned about that? caller: because that is the white elephants. this is the challenge i have for you, congressman, and for c- span. every financial person that comes on, ask them a simple question -- where would our country be today had we adopted the simpson-bowles report? we would not be in the mess we are in. the people that are on the hill that are passing all these bills would be in check. guest: for me it is simple. i would vote for simpson-bowles to better the country would be in a better position if we had adopted simpson-bowles. that is the direct answer to your question. i think mr. simpson-bowles and alan simpson are american heroes. and given a very important job. the president to sign them with a task of looking at th
was erskine bowles, a democrat, and alan simpson, a republican, tom coburn, a republican, dick durbin, democrat, judd gregg, a republican, alice rivlin, alan greenspan, former federal chairman, paul volcker a, a former federal chairman, michael bloomberg, mayor of new york, david walker, former head of the gao, warren buffett -- host: tell us what you are concerned about that? caller: because that is the white elephants. this is the challenge i have for you, congressman, and for c- span. every...
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in any case, erskine bowles, by the way, of the bowles/simpson commission, he will be joining us here tomorrow, he has some very strong views about what's going on. >>> a shocking and potentially lethal discovery at an upscale new york address. we have some surprising new details about the two young people who were arrest there had. humans. even when we cross our t's and dot our i's, we still run into problems. namely, other humans. at liberty mutual insurance, we understand. that's why our auto policies come with accident forgiveness if you qualify, where your rates won't go up due to your first accident, and new car replacement, where, if you total your new car, we give you the money for a new one. call... to talk to an insurance expert about everything else that comes standard with our base auto policy. and if you get into an accident and use one of our certified repair shops, your repairs are guaranteed for life. call... to switch, and you could save hundreds. ♪ born to make mistakes liberty mutual insurance. responsibility. what's your policy? >>> it's a voltive explosive that'
in any case, erskine bowles, by the way, of the bowles/simpson commission, he will be joining us here tomorrow, he has some very strong views about what's going on. >>> a shocking and potentially lethal discovery at an upscale new york address. we have some surprising new details about the two young people who were arrest there had. humans. even when we cross our t's and dot our i's, we still run into problems. namely, other humans. at liberty mutual insurance, we understand. that's...
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let's talk about erskine bowles. erskine will be the first to tell you, we just can't keep ignoring the debt. we can't keep doing what the president's been doing for four years saying we'll worry about it next year. we'll worry about medicare next year, we'll worry about medicaid next year, social security, defense spending. we can't keep pushing these things off, can we? how long can we? >> nobody who has taken third grade math thinks we can push this off. this is not complicated. there's no doubt about it. the question is how and when? so to get to your point, when might be today because we are still in a weak economy, and that's okay, but you've got to get to the long-term problem, but it's got to be balanced, joe. it's got to be revenues, cutting entitlements, dealing with defense spending, a package. right now you've got one group that says i'm willing to do it but only this part. another group says i'm willing but only this part of it. and those two groups are just too far apart for the country's good. >> didn'
let's talk about erskine bowles. erskine will be the first to tell you, we just can't keep ignoring the debt. we can't keep doing what the president's been doing for four years saying we'll worry about it next year. we'll worry about medicare next year, we'll worry about medicaid next year, social security, defense spending. we can't keep pushing these things off, can we? how long can we? >> nobody who has taken third grade math thinks we can push this off. this is not complicated....
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. >> well erskine bowles said talked about medicare and medicaid when we were with him last time. he said those two programs alone bankrupt this country. those two programs alone. we've got to figure out a way to not only help these programs remain sustainable for the next generation but to stop this country from a national debt crisis. >> it's not hard to say. >> well look -- >> it's hard to do. >> i'll say go ravens if you admit we're going to have to make some tough choices. >> don't make that deal. >> the tough choices are the things that the president east been -- president's been doing and he's going to continue to do. we need to make health care more effective and less costly. that's what we need to do. >> of course. i agree. you know what else i think we need to do? we need to have more days of sunshine. >> no, no no. >> come on. >> we have the least efficient health care system in the world by far. any medical professional will tell you that. >> i say that on this show all the time. we spend more money per person than any country on the planet. >> for results that are not
. >> well erskine bowles said talked about medicare and medicaid when we were with him last time. he said those two programs alone bankrupt this country. those two programs alone. we've got to figure out a way to not only help these programs remain sustainable for the next generation but to stop this country from a national debt crisis. >> it's not hard to say. >> well look -- >> it's hard to do. >> i'll say go ravens if you admit we're going to have to make some...